From Stablecoins to AI Banking: Circle Co-Founder’s Next Billion-Dollar Bet on Agentic Finance “That is the road Sean Neville, co-founder of Circle and a principal architect of the USDC stablecoin, has set out to travel again with Catena Labs, a Boston-based startupthat emerged from stealth May 20 with $18 million in seed funding led by a16z crypto. Catena’s goal is to build what Neville…
Tag: conversational ai
Ai Weekly – April 20
Limiting the risky side of AI in financial services “Companies aren’t the only ones embracing AI; their employees are, too. For example, Salesforce found that 55% of employees used unapproved generative AI (gen AI) tools at work. Nearly 70% of that same population have never completed, let alone received, training on how to use gen AI…
AI Weekly – March 30
How banks can turn AI’s promise into real impact “To make that happen, banks must invest in core AI capabilities, such as reusable tools, machine-learning operations, and enterprise data management. In addition, many banks have found it useful to set up a “control tower” that oversees AI strategy. The control tower is a centralised entity…
AI Weekly – March 23
NatWest seals milestone UK banking collaboration with OpenAI “NatWest and OpenAI have joined forces to enhance the lender’s digital assistants and customer support processes using artificial intelligence, in the first collaboration of its kind with a UK-headquartered bank. The lender has put AI at the heart of key strategies to improve customer experience, cut costs…
AI Weekly – Mar 10
Closing the Digital Divide: Credit Unions Should Prioritize Tech Over Transactions “A common hesitation among credit unions is the fear that technology might replace the personal relationships they pride themselves on. The key here is to leverage technology to enhance — not replace — human interactions. For example, AI can analyze member behavior, transaction history,…